Support and Resistance
#BSE Support & Resistance levels
#BSE
Uptrend: Strong bullish momentum with higher highs and higher lows since mid- September.
Resistance: Around €4,200.
Support: Key support zone between ₹3,600 and €3,700.
Buy Zone: Ideal buy range at ₹3,600-3,700 during pullback.
Stop Loss: Set stop-loss below ₹3,500.
Profit Target: ₹4,200 and ₹4,500 for swing trade profits.
SHYAMMETL Support & Resistance
#SHYAMMETL
Recent Uptrend: Strong uptrend in mid-September, peaking around *950. Consolidation: Current consolidation phase between 1890 and *920.
Resistance: Immediate resistance at *920-1930.
Support: Key support zone between ₹880 and *890.
Buy Zone: Ideal buy range is ₹890-1900.
Stop Loss: Set stop-loss below *880.
Profit Target: Look for ₹950 and 970 for potential swing trade gains.
BANKNIFTY241009C52600BANKNIFTY241009C52600
above 295
tgt 500
SL 210
we may expect good up move in banknifty today
HDFC Bank looks promising on the daily chart
#HDFCBANK
HDFC Bank looks promising on the daily chart, with
a potential breakout and retest scenario unfolding.
The overall structure is bullish, and the price
range of 1,670 - 1,640 presents a strong buying
opportunity. For both positional traders and long-
term investors, HDFC Bank is a screaming buy.
Don't miss out on this stock.
SAIL is showing strong potential after breaking out#SAIL
SAIL is showing strong potential after breaking out from its falling trendline
resistance, signaling the start of a solid upside move. With this breakout, both
investors and positional traders should focus on the metal sector, as SAIL
presents a promising opportunity. Don't miss out on this stock for further upside momentum.
Bharat Forge Ltd view for Intraday 4th October #BHARATFORGBharat Forge Ltd view for Intraday 4th October #BHARATFORG
Buying may witness above 1502
Support area 1485. Below ignoring buying momentum for intraday
Selling may witness below 1470
Resistance area 1485
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
UPL Ltd view for Intraday 4th October #UPLUPL Ltd view for Intraday 4th October #UPL
Buying may witness above 611
Support area 605. Below ignoring buying momentum for intraday
Selling may witness below 599
Resistance area 605
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Havells India Ltd view for Intraday 4th October #HAVELLSHavells India Ltd view for Intraday 4th October #HAVELLS
Buying may witness above 2002
Support area 1980. Below ignoring buying momentum for intraday
Selling may witness below 1949
Resistance area 1980
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Indraprastha Gas Ltd view for Intraday 4th October #IGLIndraprastha Gas Ltd view for Intraday 4th October #IGL
Buying may witness above 561
Support area 553-555. Below ignoring buying momentum for intraday
Selling may witness below 546
Resistance area 555
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Marico Ltd view for Intraday 4th October #MARICOMarico Ltd view for Intraday 4th October #MARICO
Buying may witness above 705
Support area 695-700. Below ignoring buying momentum for intraday
Selling may witness below 690
Resistance area 700
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
JSW Steel Ltd view for Intraday 4th October #JSWSTEELJSW Steel Ltd view for Intraday 4th October #JSWSTEEL
Buying may witness above 1045
Support area 1020-1025. Below ignoring buying momentum for intraday
Selling may witness below 1019
Resistance area 1040-1045
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Stock Alert: Dr. Lal Path Labs 📈 Double Bottom Breakout: Dr. Lal Path Labs is giving a breakout from its double bottom pattern today! This pattern is a strong bullish reversal signal that could mark the beginning of an uptrend.
🔑 Key Points:
Breakout above strong resistance level, signaling potential upside.
Watch for volume confirmation: Higher-than-average volume strengthens the breakout case.
Next resistance levels to watch for future targets.
💡 Opportunity: If the breakout holds, this could be a great medium-term trade setup! 📊
📢 Disclaimer: Do your own research before investing. This is not financial advice.
Nifty Long Term and Short Tern Analysis for option TradingFollowing a 4% decline, the Nifty has found support at a significant trendline. This technical setup suggests the potential for a substantial upward movement. Given the recent pullback and the current support level, the index may be poised for a strong rebound, potentially offering considerable returns to investors.
Sensex - Oct 4Price was falling for the past few days and now it is consolidating. Price can move up or continue to fall.
Buy above 82640 with the stop loss of 82560 for the targets 82720, 82800, 82880, 82960 and 83060.
Sell below 82480 with the stop loss of 82560 for the targets 82400, 82320, 82200, 82100 and 82020.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
TradePlan #Nifty 50 4th Oct 2024First Step of a successful trader is to build a Trade plan & review what he has done. (education purpose for all )
*Trend is down
*Trade plan: Sell on rise
*for Critical levels see the video
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade.
XAUUSD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARDXAUUSD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD DUE TO THESE REASON
A. its following a rectangle pattern that stocked the marketwhich preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for breakC. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader
thank you